Barrick Gold Corp. Mining News

Barrick Gold seeks Chinese partners, may slash headcount: Globe

The Canadian miner may slash 400 jobs and involve Chinese partners in its troubled Tanzania operations.

Barrick says copper operation in Saudi Arabia not affected by diplomatic dispute

The Canadian miner said it has a strong relationship with partner Ma’aden.

Alaskans asked for feedback on one of the world’s largest gold projects

The public is being asked to review and provide feedback on Donlin’s reclamation and closure plans.

Antofagasta announces first mine to use 100% renewable energy

Zaldívar signed a new power plant supply agreement with Colbún to produce copper with 100% renewable energy.

Canada's Barrick, China's Shandong Gold to deepen ties, look at acquisitions

Acquisitions in the metals mining sector have begun to pick up, with an increase in joint ventures between Western and Chinese mining firms.

Zambia aiming for power prices that reflect costs by end 2018

The new measure will affect global mining firms including First Quantum Minerals, Glencore, Barrick Gold Corp and Vedanta Resources which currently pay a flat rate of 9.30 cents/kWh.

Commodities are flashing a once-in-a-generation buy signal

Since the commodities supercycle unwound nearly 10 years ago, many investors have been waiting for the right conditions to trigger mean reversion and lift prices.

Argentinian secretaries to jail for Veladero spill

The officials are accused of abuse of power in the case of the 2015 cyanide spill at Barrick Gold's Veladero mine.

Dominican province demands 5% of Barrick’s royalty payments

Residents say the federal government is not fulfilling its commitment to the city.

Barrick Gold cuts 2017 compensation for top two executives

The decision was made to reflect a challenging "shareholder experience" and operations at some mines.

Barrick Gold yet to feel the heat in Zambian tax crackdown

The Toronto-based company, which operates the Lumwana mine, hasn’t received any notifications from the tax authority.

Miners report some infrastructure damage after Papua quake

Barrick Gold Corp said a power station that supplies its Porgera gold mine had been damaged, while Ok Tedi Mining Ltd said a landslip had blocked a road and damaged pipelines to its copper and gold mine in the Star Mountains.

`Disastrous' deals sideline gold-mining M&A as metal rises

Stung by some lousy investments that led to billions of dollars in losses a few years ago, the world’s major gold producers have cut back on mining deals.

Peru’s environmental deregulation to spur more mining-related protests: analysts

The approval of the supreme decree 042-2017 in December might generate more unrest.

Barrick and Shandong join forces at Minera Andina del Sol

A new joint venture has been born.

From bitcoin to Trump: mining giants identify 2018's challenges

In 2017, miners finally got tailwinds from commodities as unsavory supply pressures bolstered prices. What’s ahead for 2018? Bloomberg asked six top execs.

World’s top bullion producer to sell former world’s highest-grade gold mine

The deal was signed between Barrick Gold and Skeena Resources.

Recovering global miners face fresh squeeze from rising costs

Mining companies, including Newmont Mining Corp, Teck Resources and Barrick Gold Corp, reported increased costs this week in their quarterly earnings.

Juniors oppose Barrick’s plans to turn an old mine into a ski resort

"Barrick must be stopped!", a junior miner wrote.

Barrick Gold’s nickel mine could become a ski resort

The complex would be called the Giant Nickel All Season Resort.

Barrick named to Dow Jones Sustainability Index

The company was also included in the Dow Jones Sustainability North America Index for the 11th consecutive year.

Goldcorp begins friendly $247 million takeover of Exeter

Exeter shareholders will receive 0.12 of a common share of Goldcorp for each they have in the junior — that's a premium of 67% based on the part's closing prices on the day prior to the announcement.

Minjar Gold attempt to grab Barrick’s stake in Super Pit falls through

The firm, a unit of Shanghai-listed Shandong Tyan Home, reportedly walked away from the deal due to recent tightened controls in China on outbound investment.

Barrick, Goldcorp team up to develop one of world’s largest gold deposits in Chile

The world’s No. 1 and No. 3 gold producers will focus on developing gold mines in northern Chile's rich Maricunga belt.

Tribunal favours Barrick, Antofagasta in Pakistan lease denial case

The International Center for Settlement of Investment Disputes (ICSID) said Pakistan violated several provisions of its bilateral investment treaty with Australia, where the joint venture between Barrick and Antofagasta is incorporated.